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The Government of India and the Asian Development Bank (ADB) have signed a $500 million loan agreement to fund green and sustainable infrastructure projects, aligning with the nation’s climate goals. The loan, backed by a sovereign guarantee, will be channeled through the India Infrastructure Finance Company Limited (IIFCL).
To achieve its net-zero targets, India requires substantial private capital investment, supported by innovative financing platforms and risk-mitigation tools to address sector risks and market imbalances. As a strategic development finance institution, IIFCL is poised to meet these demands by leveraging private sector resources and expanding its product offerings for institutional investors.
The initiative will enhance IIFCL’s capacity to integrate green practices into infrastructure projects. This includes establishing a sustainability unit, implementing an environmental sustainability framework, and developing a scoring method to evaluate project sustainability ratings.
Group Media Publication
Construction, Infrastructure and Mining
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